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    Honor, MI
    Multifamily

    Honor, MI Multifamily Properties for Sale

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    Beulah, MI Benzonia, MI Interlochen, MI Thompsonville, MI Frankfort, MI Lake Ann, MI Empire, MI Glen Arbor, MI
    Updated Duplex With Walk-Out Basement
    Updated: May 27
    Updated Duplex With Walk-Out Basement

    11950 Honor Highway, Honor, MI 49640

    $325,000
    3,391 sqft 3.30 AC lot
    3,391‑square‑foot duplex on 3.3 acres
    Dual electric meters and independent lower‑level living area
    Five bedrooms and three bathrooms
    Walk‑out basement with laundry hookups on both levels
    Recent updates include siding, paint, flooring, oven, and safety detectors
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    Retail Store,Recreational/Resort,Bed & Breakfast - Honor, MI
    Updated: Mar 25
    Retail Store,Recreational/Resort,Bed & Breakfast - Honor, MI

    11481 Main St, Honor, MI 49640

    $750,000
    3,715 sqft 10.00 AC lot
    Turn key operation
    Great marketing
    Good tourist location near Sleeping Bear Dunes and Traverse City
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    Two-Cabin Short-Term Rental
    Two-Cabin Short-Term Rental

    Honor, MI 49640

    $639,900
    1.21 AC lot

    Furnished lodging compound with established rental history, wooded privacy, and access to lakes, trails, and four-season recreation.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 3 Active listings in Honor, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Downtown Three-Unit Triplex
    Downtown Three-Unit Triplex

    143 S Benzie Boulevard, Beulah, MI 49617

    $549,000
    2,195 sqft 0.11 AC lot

    Two units operate as furnished Airbnb rentals, while the lower-level apartment is leased long term.

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    Renovated Triplex with Unit Mix
    Renovated Triplex with Unit Mix

    812 Forest Avenue, Frankfort, MI 49635

    $485,000
    2,035 sqft 0.17 AC lot

    Three private-entry apartments were renovated in 2023 with full kitchens, laundry equipment, and air conditioning in every unit.

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    Renovated Triplex with Private Entrances
    Renovated Triplex with Private Entrances

    812 Forest Ave, Frankfort, MI 49635

    $485,000

    Completely renovated triplex with three separate units, each with modern appliances and private entrances.

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    Income-Producing Multifamily Property
    Income-Producing Multifamily Property

    6593 FRANKFORT Highway, Beulah, MI 49617

    $319,900

    Three-unit property with updates near Frankfort and Crystal Lake.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Elevated Farmland Development Parcel
    Elevated Farmland Development Parcel

    Parcel C E Duck Lake Road, Suttons Bay, MI 49682

    $2,600,000
    74.20 AC lot

    Developable farmland parcel offers ridge-top elevation and multi-directional water views near Suttons Bay.

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    Tippy Dam Lodge Resort
    Tippy Dam Lodge Resort

    1306 N Tippy Dam Road, Wellston, MI 49689

    $900,000
    22.24 AC lot

    Multi-building hospitality property with guest sleeping quarters, event space, and a commercial kitchen and dining facility.

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    Honor, MI Multifamily Properties Market Trends and Statistics

    Explore 3 multifamily properties for sale in Honor, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,106 square feet of properties for sale, with an estimated market value of $1,714,900.

    Sale prices for multifamily properties in Honor, MI start at $325,000, averaging $571,633, and reaching up to $750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Short term rental properties 2
    Duplexes 1

    Demographics Overview

    Population 1,266
    Population Growth (5Y) -20.0%
    Median Household Income $83,750
    College Educated 59.8%

    High-Yield Neighborhoods for Investment

    Identify Honor submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49640 $575K

    Listings Trend

    New vs delisted commercial listings in Benzie County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Browse Multifamily properties for Sale Near Honor, MI

    Popular Searches in Honor, MI

    Most Searched ZIP Codes in Honor, MI

    • 49640

    Featured Honor Real Estate Agencies

    Realmo connects you with licensed Honor CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Stapleton Realty
    10862 Oviatt Rd Honor, MI 49640
    Phone: 12313264000
    www.cdstapleton.com

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